Chelsea Residences by DAMAC
Luxury waterfront apartments in Dubai Maritime City inspired by Chelsea FC, offering resort-style living, exclusive wellness, and athletic amenities with stunning sea views.
Starting from
AED 2,170,000
Chelsea Residences by DAMAC is an off-plan development by DAMAC Properties in Dubai, Dubai. Prices start from AED 2,170,000 with a 20/40/40 payment plan. Handover is expected 2029, 3 unit types are available.
Updated Oct 2026 · Peak Trust Global Real Estate
Project Highlights
- Bedrooms
- 1–3 BR
- Area Range
- 779–2038 sqft
- Payment Plan
- 20/40/40
- Handover
- Q4 2029
- Status
- Off Plan
- Developer
- DAMAC
Market Intelligence
Data-driven investment insights for Chelsea Residences by DAMAC
Off-plan sales in Madinat Dubai Almelaheyah have grown 2.9×, from 1,922 deals in 2023 to 5,622 in 2025, on pace for ≈2,964 in 2026. Prices in Madinat Dubai Almelaheyah have risen a steady 34% over the last 5 years. Chelsea Residences by DAMAC commands a 3–17% premium over the area average, in line with new premium stock.
2.9×
Demand growth
Area deals · 2023→2025
+34%
Area price trend
Off-plan AED/sqft · 5-yr
AED 2,786
Price / sqft
Asking · 1 BR
222
Developer projects
DAMAC · #3 by sales
982
Total units
Off-plan registrations
Buyer Demand
Off-plan transactions per year · area
Off-plan sales in Madinat Dubai Almelaheyah have grown 2.9×, from 1,922 deals in 2023 to 5,622 in 2025, on pace for ≈2,964 in 2026.
Solid = deals registered so far; outline = projected full-year from the year-to-date pace. Recent deals take a few weeks to appear in official records, so the current count is a conservative estimate.
Price Momentum
+34% · 5-yrOff-plan price per sqft (AED) · area
Prices in Madinat Dubai Almelaheyah have risen a steady 34% over the last 5 years.
Price Positioning
Median sold price by unit type (AED / sqft) · project vs wider area
Chelsea Residences by DAMAC commands a 3–17% premium over the area average, in line with new premium stock.
Developer Strength
DAMAC PROPERTIES GROUP
222
Total projects
66
Active now
A top-3 Dubai developer by sales volume, #3 by project count (of 823+): 118 delivered, 66 active.
Investor Snapshot
FreeFactual figures for serious investors: comparable sales, rental income & market structure.
Gross rental yield
District 1BR · indicative
Off-plan share
Area sales · recent
Booking capital
50% during construction
Recent Comparable Sales
| Date | Type | Sqft | AED/sqft | Price |
|---|---|---|---|---|
Source: official records · area
Rental Income Potential
Payment schedule (50 / 50)
Rents: registered Ejari contracts. Payment: from-price basis.
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Market data: Chelsea Residences by DAMACKey figures for Chelsea Residences by DAMAC in Madinat Dubai Almelaheyah from official transaction records. Updated Jul 2026.View source data
| Area price growth (5-yr) | +34% |
|---|---|
| Sold price / sqft (1-bed) | AED 3,185 |
| Area average price / sqft | AED 2,225 |
| Asking price / sqft (1-bed) | AED 2,786 |
| Total units (off-plan reg.) | 982 |
| Total projects | 222 |
|---|---|
| Delivered | 118 |
| Active / under construction | 66 |
| Rank by sales volume (Dubai) | #3 of 823 |
| Rank by projects (Dubai) | #3 of 823 |
| Year | AED / sqft |
|---|---|
| 2023 | AED 1,662 |
| 2024 | AED 2,134 |
| 2025 | AED 2,225 |
| Year | Transactions |
|---|---|
| 2023 | 1,922 |
| 2024 | 5,135 |
| 2025 | 5,622 |
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
About Chelsea Residences by DAMAC – Dubai, UAE
Contact Peak Trust for Chelsea Residences by DAMAC
Phone
+971 50 226 0017Office Hours
Monday to Saturday, 10am to 11pm. Sunday closed.
Office Location
Office No. 903, Al Moosa Tower 2, 1503 Sheikh Zayed Road, Trade Centre First, Dubai, UAE
Peak Trust Global Real Estate is UAE's leading property consultancy. Contact our expert team for detailed information about Chelsea Residences by DAMAC, schedule viewings, and get assistance with financing options. Call us at +971 50 226 0017 or email [email protected].
Real Estate Agent | UAE | English, Arabic
Amenities & Features
Available Unit Types
1 Bedroom Apartment
Starting from
AED 2,170,000
2 Bedroom Apartment
Starting from
AED 3,130,000
3 Bedroom Apartment
Starting from
AED 4,940,000
| Unit Type | Bedrooms | Area Details | Starting Price | Action |
|---|---|---|---|---|
1 Bedroom Apartment | 1 | 779 sqft | AED 2,170,000 | |
2 Bedroom Apartment | 2 | 1,357 sqft | AED 3,130,000 | |
3 Bedroom Apartment | 3 | 2,038 sqft | AED 4,940,000 |
Payment Plan
20/40/40
- 20%
Down Payment
On Booking
Immediate payment upon booking
- 1%
During Construction
Month 1
Monthly installment
Gallery
Developer Profile - DAMAC Properties
Learn more
Location
Nearby Places
Frequently Asked Questions
Chelsea Residences offers 1, 2, and 3 bedroom luxury waterfront apartments with biophilic design and panoramic sea views, spread across six architecturally distinctive towers.
The project features a 20/40/40 plan: 20 percent on booking, 40 percent through 40 monthly installments at 1 percent each, and 40 percent on completion.
Chelsea Residences by DAMAC is scheduled for completion and handover in Q4 2029.
Amenities include the Coral Reef sanctuary, Chelsea Blue Beach Club, rooftop football pitch, athlete performance center, infinity pools, spa facilities, cinema, dedicated wellness zones, and fine dining venues.
Yes. The project is located in Dubai Maritime City and features direct waterfront living with panoramic sea views and beach-inspired amenities.
Prices at Chelsea Residences by DAMAC start from AED 2,170,000, in Dubai, Dubai. Contact Peak Trust for the latest availability and full price list.
Chelsea Residences by DAMAC is located in Dubai, Dubai, United Arab Emirates.
Chelsea Residences by DAMAC is developed by DAMAC Properties.
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Property Brochure
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